Twin Peaks: A Theoretical Analysis
42 Pages Posted: 2 Jul 2015 Last revised: 12 Feb 2018
Date Written: July 1, 2015
Abstract
This paper provides a theoretical analysis of the twin peaks method of financial system regulation, with particular reference to the Australian iteration of the model. This includes a description of how twin peaks functions, its historical development, and its strengths and weaknesses. An analysis is also provided of an important bifurcation in the Australian model, as it as has been emulated elsewhere in the world, namely the jurisdictional location of the bank regulator.
Suggested Citation: Suggested Citation
Schmulow, Andrew, Twin Peaks: A Theoretical Analysis (July 1, 2015). CIFR Paper No. WP064/2015, Available at SSRN: https://ssrn.com/abstract=2625331 or http://dx.doi.org/10.2139/ssrn.2625331
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.